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Title: Transactions per block Post by: iamtheone on August 26, 2012, 04:59:43 AM By design, can bitcoin sustain a sudden surge in number of transactions? How many transactions per block is allowed?
Title: Re: Transactions per block Post by: theymos on August 26, 2012, 05:11:49 AM There's no specific limit on the number of transactions, though blocks can't be larger than 1MB and most miners won't create blocks larger than 250-500 kB.
Title: Re: Transactions per block Post by: iamtheone on August 26, 2012, 05:32:25 AM In your estimate, how many transactions will that be? I mean just simple transactions. What will happen if there will be so many users of bitcoin, will that mean sending coins will be delayed?
Title: Re: Transactions per block Post by: theymos on August 26, 2012, 05:49:56 AM 3500 transactions, maybe.
What will happen if there will be so many users of bitcoin, will that mean sending coins will be delayed? Transactions with the default fee will be delayed. Transactions with higher fees will get priority. |